551 N Walnut Ln Schaumburg, IL 60194
West Schaumburg NeighborhoodEstimated Value: $509,586 - $536,000
            
                4
                Beds
            
            
            
                3
                Baths
            
            
            
                2,176
                Sq Ft
            
            
                
                    $239/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 551 N Walnut Ln, Schaumburg, IL 60194 and is currently estimated at $520,147, approximately $239 per square foot. 551 N Walnut Ln is a home located in Cook County with nearby schools including Elizabeth Blackwell Elementary School, Jane Addams Junior High School, and Schaumburg High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                May 26, 2006
            
        
                Sold by
            
            
                Lankin David C and Lankin Christine L
            
        
                Bought by
            
            
                Kramer Steven M and Kramer Kimberly A
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $295,900
            
        
                Outstanding Balance
            
            
                $174,840
            
        
                Interest Rate
            
            
                6.66%
            
        
                Mortgage Type
            
            
                Fannie Mae Freddie Mac
            
        
                Estimated Equity
            
            
                $345,307
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Kramer Steven M | $370,000 | First American Title Ins Co | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Kramer Steven M | $295,900 | 
                Source: Public Records
            
        Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement | 
|---|---|---|---|---|
| 2024 | $9,436 | $37,000 | $6,650 | $30,350 | 
| 2023 | $9,122 | $37,000 | $6,650 | $30,350 | 
| 2022 | $9,122 | $37,000 | $6,650 | $30,350 | 
| 2021 | $7,829 | $29,161 | $4,550 | $24,611 | 
| 2020 | $8,425 | $31,386 | $4,550 | $26,836 | 
| 2019 | $8,428 | $34,874 | $4,550 | $30,324 | 
| 2018 | $7,439 | $28,221 | $3,850 | $24,371 | 
| 2017 | $7,861 | $29,987 | $3,850 | $26,137 | 
| 2016 | $7,593 | $29,987 | $3,850 | $26,137 | 
| 2015 | $7,048 | $26,181 | $3,325 | $22,856 | 
| 2014 | $6,987 | $26,181 | $3,325 | $22,856 | 
| 2013 | $6,790 | $26,181 | $3,325 | $22,856 | 
                Source: Public Records
                    
            
        Map
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